“former wall street money manager and financial analyst Ed Dowd of phinancetechnologies.com warned in september we were at the 'beginning of panic rate cut cycle.' since that prediction, the fed has cut interest rates three times”

monday, december 15, 2025 at 05:27:12 p.m. est

"former wall street money manager and financial analyst Ed Dowd of phinancetechnologies.com warned in september we were at the “beginning of panic rate cut cycle.” Since that prediction, the fed has cut interest rates three times.

https://www.infowars.com/posts/were-at-the-beginning-of-the-credit-destruction-cycle-ed-dowd-warns

Great news for those of us in the residential mortgage industry.

Markets, when left to their own devices, always clear.

Always.

But it is almost impossible to call the bottom during a market crash.

I know this as I worked for Fidelity Investments during the market crash of 1987.

Worked in IT during the dot com boom and then bust.

And then in the sub-prime mortgage industry in 2007.